China link roils Korea Zinc control battle

Ahead of Korea Zinc’s March 24 annual meeting, scrutiny of China Investment Corp.’s investment in MBK’s Fund VI has resurfaced as the ownership fight between the Young Poong-MBK alliance and Korea Zinc further intensifies. Young Poong, Korea Zinc’s largest shareholder, joined forces with MBK in 2024 to challenge Chairman Choi Yun-beom, setting up the current contest for control. With Young Poong and MBK seen as holding the larger stake and Choi relying on friendly shareholders and swing votes, t

By The Korea Herald